Latest news with #Workiva
Yahoo
a day ago
- Business
- Yahoo
Workiva Inc. (WK) Appoints Astha Malik to Its Board of Directors
Workiva Inc. (NYSE:WK) is one of the 11 Best Tech Stocks to Buy On the Dip. On May 29, Workiva Inc. (NYSE:WK) announced the appointment of Astha Malik, Chief Business Officer of Braze, to its board of directors. Malik brings 25 years of experience in driving growth and scaling high-growth SaaS companies. The company also released its Q1 2025 results on May 1. The revenue of $206 million grew 17% year-over-year driven by a 20% increase in subscription and support revenue. Both of these financial indicators surpass management's guidance despite a challenging environment characterized by a cautious buying environment and flat professional services revenue. A software engineer debugging a compliance code on a laptop in a modern office setting. After the earnings release, analyst Alexander Sklar from Raymond James maintained an Overweight rating on Workiva Inc. (NYSE:WK) lowering the price target from $125 to $105. The analyst noted the company showed strong bookings in Q1 however, the tough macroeconomic environment led to a conservative outlook by Raymond James. Regardless, Workiva Inc. (NYSE:WK) maintained its full-year revenue guidance at $864 million to $868 million. Workiva Inc. (NYSE:WK) is a technology company that operates a cloud-based platform that enables organizations to streamline and automate financial, sustainability, and compliance reporting processes. Its SaaS platform combines ERP, HCM, and CRM applications, supporting real-time collaboration and integrated reporting across teams. While we acknowledge the potential of WK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Melden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
2 days ago
- Business
- Yahoo
2 Glorious Growth Stocks Down 36% and 57% You'll Wish You'd Bought on the Dip, According to Wall Street
The S&P 500 is hovering near an all-time high, but some stocks in the software space still haven't reclaimed their best levels from 2021. Datadog and Workiva are two of those stocks, but their strong businesses could fuel a recovery over the long term. Analysts have reached a very bullish consensus on both Datadog and Workiva. 10 stocks we like better than Datadog › The S&P 500 (SNPINDEX: ^GSPC) has almost fully recovered from its recent 19% drop, which was triggered by President Donald Trump's "Liberation Day" tariffs in April. But not every stock is following along -- in fact, many enterprise software stocks still haven't reclaimed their record highs from 2021. Datadog (NASDAQ: DDOG) and Workiva (NYSE: WK) are two of those stocks. They were incredibly overvalued when they peaked a few years ago, and they are still down by 36% and 57%, respectively, from those lofty levels. But they're starting to look quite attractive. The majority of the analysts tracked by The Wall Street Journal who cover Datadog stock and Workiva stock have assigned them the highest possible buy rating. Here's why their optimism might be justified. Datadog developed an observability platform that monitors cloud infrastructure around the clock, alerting businesses to technical issues and outages which they might not have discovered until customers were affected or sales were lost (at which point it's too late). Over 30,500 businesses are using Datadog, and they operate in many different industries, including gaming, manufacturing, financial services, retail, and more. Last year, Datadog expanded into artificial intelligence (AI) observability with a new tool that helps developers troubleshoot technical issues, track costs, and assess the outputs of their large language models (LLMs). During the recent first quarter of 2025 (ended March 31), the company said that the number of customers using this new tool more than doubled compared to just six months earlier, which suggests it's gaining serious traction. Datadog also offers other AI products, like a monitoring solution for businesses using ready-made LLMs from OpenAI, and an AI-powered virtual assistant for its flagship observability platform. Overall, the company said that 4,000 customers were using at least one of its AI products in Q1, which also doubled year over year. On the back of a strong first-quarter result, Datadog raised the high end of its full-year revenue forecast for 2025 to $3.235 billion, up $40 million from management's original guidance. It would represent growth of 21% from the company's 2024 result, but it would still be a drop in the bucket compared to the $53 billion addressable opportunity in the observability space alone. Datadog was trading at a price-to-sales (P/S) ratio of around 70 when it peaked in 2021. But the 36% decline in the stock since then, in combination with the company's revenue growth, has pushed its P/S ratio down to 15.5. It's still elevated compared to many other enterprise software stocks, but it's much closer to the cheapest level since Datadog went public than it is to its lofty 2021 peak. The Wall Street Journal tracks 46 analysts who cover Datadog stock, and 31 have assigned it the highest possible buy rating. Seven others are in the overweight (bullish) camp, and the remaining eight recommend holding. No analysts recommend selling. Their average price target of $140.72 implies a potential upside of 15% over the next 12 to 18 months, but investors who hold the stock for the long term could do far better as Datadog's AI products gather momentum. Modern businesses often use dozens, or even hundreds, of digital applications to run their day-to-day operations. This is a nightmare for managers who are tasked with tracking workflows across all that software, but Workiva built an elegant solution to ease the burden. Workiva's platform integrates with most storage applications, systems of record, and productivity software, allowing managers to pull data from all of them onto one dashboard. This saves them from having to open hundreds of individual applications, and it also reduces human error, which is common when copying mountains of data manually. Once data is loaded into Workiva, managers can select from several different templates so they can rapidly compile regulatory filings or reports for senior executives. Workiva is also becoming a key player in the ESG (environmental, social, and governance) reporting space, offering a product that allows businesses to track their effect on all key stakeholders, not just those with a financial interest. With Workiva's ESG platform, organizations can create frameworks, track data, and compile reports on everything from their carbon emissions to the diversity of their workplace. Workiva had 6,385 total customers at the end of Q1 2025, which was a 5% increase from the year-ago period, but its highest-spending cohorts are growing significantly faster. For example, the number of customers with annual contract values of at least $100,000 grew by 23%, and those with annual contract values of at least $500,000 soared by 32%. In other words, larger organizations with more complex operations seem to be flocking to Workiva. The company expects to generate up to $868 million in total revenue in 2025, which would be a 17.5% increase compared to 2024. That would be a modest acceleration from the 17.3% growth it delivered last year. As is the case with Datadog, Workiva's P/S ratio is currently down significantly from its 2021 peak. It's at 4.8 as of this writing, which is near the cheapest level since the stock went public. The Wall Street Journal tracks 13 analysts who cover Workiva stock, and 11 of them have given it a buy rating. The remaining two are in the overweight camp, with none recommending to hold, let alone sell. Simply put, the analysts have reached a very bullish consensus. Their average price target of $97.64 implies an eye-popping potential upside of 44% over the next 12 to 18 months. But the stock could do even better over the long term, since Workiva has barely scratched the surface of its $35 billion addressable market. Before you buy stock in Datadog, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Datadog wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Datadog and Workiva. The Motley Fool has a disclosure policy. 2 Glorious Growth Stocks Down 36% and 57% You'll Wish You'd Bought on the Dip, According to Wall Street was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Finance and HR Software Stocks Q1 Highlights: Workiva (NYSE:WK)
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how finance and hr software stocks fared in Q1, starting with Workiva (NYSE:WK). Organizations are constantly looking to improve organizational efficiencies, whether it is financial planning, tax management or payroll. Finance and HR software benefit from the SaaS-ification of businesses, large and small, who much prefer the flexibility of cloud-based, web-browser delivered software paid for on a subscription basis than the hassle and expense of purchasing and managing on-premise enterprise software. The 13 finance and hr software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.4% while next quarter's revenue guidance was 1.1% below. In light of this news, share prices of the companies have held steady as they are up 4.6% on average since the latest earnings results. Founded in 2010, Workiva (NYSE:WK) offers software as a service product that makes financial and compliance reporting easier, especially for publicly traded corporations. Workiva reported revenues of $206.3 million, up 17.4% year on year. This print exceeded analysts' expectations by 1.1%. Overall, it was a satisfactory quarter for the company with an impressive beat of analysts' EBITDA estimates but EPS guidance for next quarter missing analysts' expectations significantly. The stock is down 10.4% since reporting and currently trades at $66.53. Is now the time to buy Workiva? Access our full analysis of the earnings results here, it's free. Originally created to process international tuition payments for universities, Flywire (NASDAQ:FLYW) is a cross border payments processor and software platform focusing on complex, high-value transactions like education, healthcare and B2B payments. Flywire reported revenues of $133.5 million, up 17% year on year, outperforming analysts' expectations by 5%. The business had a very strong quarter with a solid beat of analysts' EBITDA estimates and revenue guidance for next quarter meeting analysts' expectations. Flywire scored the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 9.8% since reporting. It currently trades at $11.03. Is now the time to buy Flywire? Access our full analysis of the earnings results here, it's free. Holding close ties to American Express, Global Business Travel (NYSE:GBTG) is a comprehensive travel and expense management services provider to corporations worldwide. Global Business Travel reported revenues of $621 million, up 1.8% year on year, falling short of analysts' expectations by 1.9%. It was a softer quarter as it posted full-year EBITDA guidance missing analysts' expectations. Global Business Travel delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 9.8% since the results and currently trades at $6.21. Read our full analysis of Global Business Travel's results here. Founded by CEO Jason Gardner in 2009, Marqeta (NASDAQ:MQ) is an innovative card issuer that provides companies with the ability to issue and process virtual, physical, and tokenized credit and debit cards. Marqeta reported revenues of $139.1 million, up 17.9% year on year. This number topped analysts' expectations by 2.4%. It was a strong quarter as it also put up an impressive beat of analysts' EBITDA estimates and a narrow beat of analysts' total payment volume estimates. Marqeta scored the fastest revenue growth among its peers. The stock is up 29.7% since reporting and currently trades at $5.31. Read our full, actionable report on Marqeta here, it's free. Created from the merger of two small workforce management companies in 2007, Asure (NASDAQ:ASUR) provides cloud based payroll and HR software for small and medium-sized businesses (SMBs). Asure reported revenues of $34.85 million, up 10.1% year on year. This result beat analysts' expectations by 1.7%. More broadly, it was a satisfactory quarter as it also produced a solid beat of analysts' EBITDA estimates. The stock is down 2.6% since reporting and currently trades at $9.52. Read our full, actionable report on Asure here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
29-05-2025
- Business
- Business Wire
Workiva Welcomes SaaS Executive Astha Malik as New Board Director
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK) the platform that powers transparency, accountability, and trust, today announced the appointment of Astha Malik, Chief Business Officer of Braze, Inc. (Nasdaq:BRZE), to its board of directors. Malik is a seasoned leader with over 25 years of experience driving growth, building category-defining brands, and scaling go-to-market operations for high-growth SaaS companies. At Braze, she leads diverse teams, encompassing corporate strategy, growth engineering, operations, marketing, strategic consulting and education. Before accepting her role at Braze, she served as Chief Operating Officer at VTEX Inc. and held executive positions at Zendesk, Citrix, Sumo Logic, and PagerDuty. 'Astha's experience scaling innovative B2B companies, combined with her deep understanding of go-to-market strategy and operational excellence, makes her a valuable addition to our board,' said Julie Iskow, Workiva President & Chief Executive Officer. 'Her insights will be instrumental as we continue to evolve as a platform company and deliver exceptional value to our customers.' Malik has been recognized as a leader among her peers, including being named to the Forbes' list of the Top 50 Entrepreneurial CMOs. She holds a Master of Science in Finance from Florida International University (Chapman Graduate School of Business). She earned her master's degree with highest distinction and was awarded a Director's Award for academic excellence. "Joining Workiva's board presents an unparalleled opportunity to shape the future of integrated reporting and connected data for organizations around the world," Malik stated. "Workiva's commitment to transparency, accountability, and trust, brought to life by its AI-powered platform, perfectly aligns with the evolving demands from executives for enterprise software. I am looking forward to working with Julie and the Workiva team to accelerate their impact." Malik's appointment is effective today, maintaining seven members on Workiva's board of directors. For more information about Workiva's board, visit here. Workiva Inc. (NYSE: WK) powers transparency, accountability and trust. Finance, accounting, sustainability, risk and audit teams from more than 6,000 organizations worldwide rely on Workiva for their mission critical work. We transform how customers connect data, unify processes, and empower teams in a secure, audit-ready, AI-powered, collaborative platform. Learn more at
Yahoo
29-05-2025
- Business
- Yahoo
Workiva Welcomes SaaS Executive Astha Malik as New Board Director
NEW YORK, May 29, 2025--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK) the platform that powers transparency, accountability, and trust, today announced the appointment of Astha Malik, Chief Business Officer of Braze, Inc. (Nasdaq:BRZE), to its board of directors. Malik is a seasoned leader with over 25 years of experience driving growth, building category-defining brands, and scaling go-to-market operations for high-growth SaaS companies. At Braze, she leads diverse teams, encompassing corporate strategy, growth engineering, operations, marketing, strategic consulting and education. Before accepting her role at Braze, she served as Chief Operating Officer at VTEX Inc. and held executive positions at Zendesk, Citrix, Sumo Logic, and PagerDuty. "Astha's experience scaling innovative B2B companies, combined with her deep understanding of go-to-market strategy and operational excellence, makes her a valuable addition to our board," said Julie Iskow, Workiva President & Chief Executive Officer. "Her insights will be instrumental as we continue to evolve as a platform company and deliver exceptional value to our customers." Malik has been recognized as a leader among her peers, including being named to the Forbes' list of the Top 50 Entrepreneurial CMOs. She holds a Master of Science in Finance from Florida International University (Chapman Graduate School of Business). She earned her master's degree with highest distinction and was awarded a Director's Award for academic excellence. "Joining Workiva's board presents an unparalleled opportunity to shape the future of integrated reporting and connected data for organizations around the world," Malik stated. "Workiva's commitment to transparency, accountability, and trust, brought to life by its AI-powered platform, perfectly aligns with the evolving demands from executives for enterprise software. I am looking forward to working with Julie and the Workiva team to accelerate their impact." Malik's appointment is effective today, maintaining seven members on Workiva's board of directors. For more information about Workiva's board, visit here. About Workiva Workiva Inc. (NYSE: WK) powers transparency, accountability and trust. Finance, accounting, sustainability, risk and audit teams from more than 6,000 organizations worldwide rely on Workiva for their mission critical work. We transform how customers connect data, unify processes, and empower teams in a secure, audit-ready, AI-powered, collaborative platform. Learn more at View source version on Contacts Media Inquiries:Mandi McReynoldspress@
